Welcome to the reallymoving forum
Got questions and need some advice? Our forums have answers on everything from choosing the right property, to renting and selling.
  • If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.


No announcement yet.

Leasehold House - Pre-Assignment Information Pack delay

  • Filter
  • Time
  • Show
Clear All
new posts

  • Leasehold House - Pre-Assignment Information Pack delay

    Hi All, First time post and looking for a little advice.

    I am very close to exchange of contract/completion but there has been a delay now for nearly 6 weeks where we are awaiting the Pre-Assignment Information Pack from the landlords of the leasehold.

    The vendor has said he has never paid any ground rent. the leasehold is from 1892 and is a a 999 year lease. from what i can find legible to read from the draft lease the solicitor has sent me the leasehold is for a plot of land that now sits 10 houses and is by the local vicar of the time.

    My concerns are that there seems to be a lack of clarification on the leasehold and with the vendor never paying any ground rent and stating the property is freehold originally.

    i have done a lot of research today and the vicar who originally signed the lease was from a local parish that does not seem to exist anymore. I have found out that he was the vicar of a church that has now closed down.

    My solicitor says we just need to await for the Pre-Assignment Information Pack to arrive from the vendor who has supposedly requested it but the vendor has already stated that he is not aware of any ground rent / leasehold.

    What happens if we never get this information? can we exchange and complete without it and just get good leasehold title indemnity insurance to cover any issues there may be in the future?

    I need to exchange and complete asap, i gave notice to my landlord under the advise i received as i was told i would be in before mid-march. my tenancy has now ended and i am back at the parents on the sofa!